Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1887-01-06


have advanced. Note change in quota
tons.
Apples are very firm and The tendency
is still upward.
Eggs remain st 23c, with good demand.
THE STATE OF TRADE.
Special kilograms to Bradstreet's in
dictate that general trade in wholesale
lines declined still further during the
closing week of 1886. This was to be ex-
pected with holidays, annual stock taking
and examination of accounts attracting
special attention. Twenty-Five leading
distributing points almost uniformly
characterize the movement of mer-
chgndise as quiet, but in nearly
every instance confidence is expressed
in q revival of demand for staple
goods by the middle of January or short
ly after. Inquiry at Boston, New York,
Nashville, St. Louis and ST.. Joseph brings
out the statement that the years business
in most staple lines exceeds like totals
in 1885. This, it will be understood, is
the result of the moderate revival, which
only began to be visible four months ago.
The Boston money market is more strin-
gent than last week, but contrasts in this
respect with most others. Mercantile COL
lections are reported fairly satisfactory in
nearly all directions. The interior
demand for funds at Chicago and Mil
waukee has declined. There has been a
decided check to speculation in some
lines, although there has been considera-
bic Improvement in price.
This decline in the aggregate of trans
actions, speculative and others Gin part
owing to week Of five days only, shows
itself in decrease of bank clearings at
thirty-two cities. The totals as wired to
Bradstreet's aggregate S799, 09O, O62, 8
decline OF about S295,000,000 from pre-
ceding week, u Per cent, of which $224,-
900, 900 decrease was at New York, SPA
600, 900 ct Boston, $40, 100000 at Pails-
delpnIa, Sl1 100000 at Chicago, So, 60O,-
900 at st. L ui>, $2,200,00o at New Or
leans, 100000 at Baltimore, and
81, O00, 900 each at Providence and Pitts
burg. There was also q falling off in the
grand total as compared with The last
week in 1885 amounting to about ST.
100000, or nearly 9 per cent.
Ifluenced by easier money, by better
feeli as to the effect Of the Interstate
commerce bill, and by the resumption of
dividends by the Vanderbilt roads, the
New York stock market is active, with
revival of speculation and an advancing
tendency in prices. A feature was tue
absence of foreign support through the
interruption to cable communication.
The transactions of the week five
days. Were l,59t,i42 shares,
agsinst 1,7C9,4o1 shares the pre-
ceeding week and l,6S4,274 shares
the corresponding week in 1855. Bonds
were strong under an investment demand.
Transactions for the week Give days.
were S6,04I, 400, against S6,352, 100 the
preceding week. Money is fairly easy,
the banks being now in good condition to
meet January payments, which will IN
lock large amount of money. some
Sc, 900, 900 gold WAS received from Europe.
Call loans are 4@G per cent, time
money 5@6 per cent, and CONNER
cisl paper is in poor supply at per
cent. Foreign exchange is higher at
figures which check further gold imports.
The estimated total of interest and divi-
deuds due January l, at New York, is
S75,000,0o0, at Boston Sl5, 1000, 900, and at
PTlIaaelpnia Sl2,000,000, in all over
3d00 900.
The tntal number of mercantile failures
in the United S ates for 1886, as reported
with comparisons to Bradstreet's, shows
continuance of the improvement noted
in the totals of 1885, as follows:
1856. 1885. 1884 1883.
No. 10 56s nll6 1880 lO,2s9
Ass. S5jSl9 $685. 900 1874 $50 600 $50 81 1000
Liza. l3 64S 600 l9l2O,0O0 PAS I4U,O0U 1885, 100
The iron and steel markets continue
corspicuously strong, and pig iron has
advanced 25950c. at the West At the
East sales hav, been made at S2l so above
,hn
reported TO have been sold at S39 at
the mill, an advance of 81, and it is
added that $40 is close at hand. Old
and new material of all sorts are very
firm indeed. Dry goods are dull
but strong. Stocks of cottons are small
and production will probably be increas-
ed within few weeks. Fancy prints will
open next week at &C., the same as last
year. Raw wool is dull and sales at
concessions by recent firm holders, as
well as by Texas growers, have Eot
strengthened the market.
Wheat has been irregular, but closes
the week with a net advance of &c. per
bushel, based on better export inquiry, re-
ports of small stocks abroad and renewed
confidence in large requirements by the
United Kingdom. Indian corn is &c
higher. Wheat -four has been e1trsor-
dinsrlly active for export for the closing
week of the year, prices advancing Esq
SOC per barrel on leading makes. Hogs
are zoe higher at Western packing
centers, and products retain their re-
cent tlrmness, though no higher. Petro-
leum certificates advanced 4Ac on the
week on reduced production, and a re-
vival Of speculative interest. Coffee has
been gradually advancing, the gain on
fair Rio being &C., and on ordinary &C..
per pound. Brazilian receipts and pur-
chsses for the United States have de-
ciined, while domestic deliveries have in
creased. Spot cotton is l-l6c. higher on
the week, owing to declining receipts at
interior towns and the ports, and IT,
creased speculative inquiry Brad
streets.
BUTTER -l6S20c per Ii creamery 25c.
COTrON-Strict low middling, tlnged, 1Sc;
good middling SIC.
COFFEE RIO, fair Ice; prime lie;
choice l61sSl7c; Laguyra I7k!; Java 2ssc;
Golden Rio lsc: Pea Berry PKG
CHEESE-The better grades and Ohio factory
fnl